Palm CTO Scheduled to Present at IP Conference

Palm, Inc. will be featured as a special presenter at MDB Capital Group’s Bright Lights Conference on May 11, 2010 at the Palace Hotel in San Francisco. Bright Lights will feature more than 40 of the “Best and Brightest” IP leaders identified by MDB’s PatentVest IP intelligence platform as possessing technology leadership and potentially disruptive innovation. Palm’s Software CTO, Mitch Allen, will share his insights on Palm’s IP leadership and path of innovation where he has worked for the past decade. Mr. Allen has led the development of Palm webOS from conception to implementation.

Pete Conley, Managing Director of MDB Capital, will also present his analysis of Palm’s IP portfolio and the value of its technology pipeline, using MDB Capital’s proprietary PatentVest IP intelligence platform. “Palm’s IP is ranked in the 99.5th percentile of over 4,000 companies rated by PatentVest,” said Mr. Conley. “Based on PatentVest’s comparative valuation analysis, we believe the value of Palm’s IP alone is worth between $8 -$9 per share.”